EnergyWatch

Wind turbine manufacturer in bankruptcy – has over 300 employees

Total Wind Group, which was struck by the largest loss in the company's history in 2016, is amidst bankruptcy proceedings.

Photo: LM Wind Power

Defecit-struck Danish wind firm Total Wind Group, which employs over 300 employees, is facing bankruptcy proceedings.

After a record-size loss of nearly DKK 60 million (EUR 8.05 million) and a comprehensive turnaround which was allegedly plagued with problems, a Danish local court will now carry out bankruptcy proceedings against the company.

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